The post Bitcoin May See Moderate July Rally Despite Spinning Top Pattern and Resistance Levels appeared on BitcoinEthereumNews.com.

Bitcoin closed June at a record monthly high of $107,100, signaling strong momentum despite a spinning top candlestick pattern indicating market indecision. Historical trends and expert analysis suggest a potential 9% rally for Bitcoin in July, supported by positive seasonal patterns and US equity market strength. According to 10X Research, Bitcoin’s consecutive six-figure monthly closes in 2025 highlight a robust recovery from earlier dips, with key resistance levels closely monitored by analysts. Bitcoin hits a record $107,100 in June with a spinning top pattern; experts predict a 9% rally in July amid strong seasonal trends and market momentum. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Bitcoin’s Record Monthly Close Amid Spinning Top Candle Pattern Bitcoin’s performance in June culminated in a historic monthly close at $107,100, marking its highest monthly candle to date. This milestone is particularly notable given the formation of a spinning top candlestick pattern, characterized by a small body flanked by long upper and lower wicks. This pattern typically reflects market indecision, where neither buyers nor sellers have asserted dominance, often preceding a price reversal or consolidation phase. Despite this, Bitcoin’s sustained upward trajectory throughout 2025 underscores strong underlying demand and resilience. Historical Context and Market Sentiment Bitcoin’s recent monthly closes have consistently surpassed previous records, with May and January 2025 closing around $104,600 and $102,450 respectively. This sequence of green monthly candles follows a…

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Filed under: News - @ July 1, 2025 7:28 am